The Canada residency by investment and Canada citizenship by investment programs have become extremely popular in the recent past. Canada has earned the reputation of being one of the best countries in the world. Boasting a higher literacy rate and higher living standards, it tops the list of investors looking for investing in a new country.
Apart from the higher quality of life, ease of doing business is also among the key factors that has made people look for Canada residency by investment.
The country indeed serves as the ideal destination for business owners looking for foreign market exposure.
Among the major reasons, it’s the location of the country that seals the deal. Canada’s location allows business owners to have access to the US market as well. Moreover, Canada even gives you access to a skilled workforce, and natural resources such as oil, timber, and gas. All these are a few of the reasons that inspire high-net-worth individuals to acquire Canada residency by investment and expand their business successfully.
If you are also looking to get Canada second passport and establish your business in the country, then we bring to you the top 5 reasons that make Canada Residency by Investment Program the ideal choice for doing business.
1. Global Market Access
Canada is a large nation with strong trade relations with several countries. Its free trade agreement with countries offers your business new benefits and great opportunities to capitalize on the global market. At present, Canada has 15 FTAs (Free Tade Agreement) with 51 different countries. With the FTA, you can widen your customer reach and sell to more consumers in the global market. You also get to cut down the cross-border delays regarding product shipment.
2. Stable Economy
Considered among the largest economies in the world, it has an economic freedom score of 76.6, which makes Canada’s economy the 15th freest in the 2022 Index. It is even ranked 1st among 32 countries located in the American region. It is known to have the most stable economies with a well-developed social safety net to guard citizens against financial inequities.
3. Lower Taxes
Another of the main reason that makes people invest in Canada and establish a business is the amazing tax policy. Compared to their native countries, business owners and investors find a better tax system in Canada that helps them gain the maximum profit from their investments. The lowest corporate tax rates make it easier to run a business profitably.
4. Diverse & Multicultural
A large country both in terms of size and power, Canada secures the top spot among the G7 nations. It offers equal prospects to all individuals, irrespective of whether them being native citizens or migrants. The country even has one of the largest immigration systems with Canada residency by investment and Canada citizenship by investment being the most in-demand. It is housed by different ethnic groups and stands to be the most diverse and multicultural and multilingual country today. You get equal rights to live and work along with a strong support system from the Canadian government.
5. Access to Skilled People
Canada has some of the world’s top-ranking universities and vocational training institutes, which provide you with access to highly skilled people in the workforce. For business owners aiming to establish their business in Canada, there stands no difficulty in finding the right workforce.
If you are looking to expand your business and take it to a better place, Canada should be your first choice. With its business-friendly environment, fast-growth prospect, and higher economic stability, you can take your business to the next level. And Canada residency by investment can be your quickest path to setting up a business in Canada.
To get more details on Canada residency by investment, speak to one of our experts at +971 4 563 9500